focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I know I shouldn't ask on here but can anyone recommend any small oilers to take a look at (not really my forte but looking to add a couple)
Jim - depends on your broker, some do some don’t. If there is a particular share you are looking at and they don’t deal it they might be able to at your request. Best to contact them and ask
Was the 100k 'buy' at five past ten a sell do we think?
Yup, that's a biggy, might explain the slightly increased interest today. Follow the money (so they say) Or don't, up to you really I suppose.
How's life in the world of AXM? Usual suspects still OK? Nice to see my holding isn't quite as red as it was. Anyone seen the video of Martn presenting at the share thingy? (If there is one) Might go and hunt it down, could do with a nap. Onwards and upwards bicuiteers
Wow, myopic optimism, like it. Peoples agendas and plans are their own, believe them, don't believe them, whatever. If anyone can accurately predict the price on a given share I'm pretty sure they would be sitting on a beach in Barbados planning to build a rocket to join the space race (seems the in thing) rather than posting on here. people express their opinions on what the SP will be given the facts they have (mine is initially 52p), when people were saying 50-60p by Christmas did they know BFS were a bunch of crooks or that Pagent would become large sellers? I expect the answer in no they didn't, or maybe they did, make you're own mind up. Now we know the above we adjust our expectations, do we think that someone who held 8% (or whatever) of a company selling out will hold back the SP, yes we do (well I do anyway, don't know about you) So knowing this do I think the SP is going to immediately rocket? No Do people on BB's promote their own agendas? Yes they do. Do I think some of them post on here? Yes I do, but not many by comparison to other boards. Do I care? No I don't. It's now rocket surgery is it. And if you don't know why people are rattling on about 40p go and read some books on trading. Over and out amigos
Bit dramatic Sands! The mine getting hit by a meteorite would mean we are basically fooked, supply exceeding demand means we are in a holding pattern to a certain extent, volume is our friend here. As for manipulation on AIM, well have a look at our good friends (and former brokers) at BFS. Was the SP action last year connected to this? I'm not so sure but it's possible. Is a ii selling manipulation? No it isn't, they can do what they want (and no doubt they will), they hold the shares and they hold the cards, but they don't hold an infinite number do they? Fundamentals will out in the end, they always do. If we increase the mine life, do some acquisitions, buy some shares back, pay a dividend, open another mine or 2, have a rapid POG increase and end up as a company producing say 500,000 oz PA in the next 10 years you think we will be valued at 120 odd mil? No, neither do I. Is all that possible? Maybe, just maybe. Chillax (but if the mine gets hit by a meteorite I'm out)
I would agree with that TBTT, personally I won't be adding here (I hold quite a few already) until we are more clear on the permitting, but barring any disaster on that front I think the downside is limited. The build seems to keep getting pushed back however, but with spot price still in the doldrums that's not a major problem for me. Our backer ensures we don't have to rush into anymore term contracts and hopefully we should be able to take advantage when the U3O8 price rockets (fingers crossed it rockets anyway) On another note which US shares do people own. I can't decide and want to add a US to my portfolio, time is a ticking...
'drilling is required to prove continuity and properly delineate the potential resource. if there is one.' Obviously, but to suggest there is no resource is a little harsh, it's a good initial RNS, reasonable grades and indicates that it could be a good fit with our mine plan. Pleased that it trumped the Sanankoro results as they will hopefully switch focus to Tekladogou now. Following your earlier post stating that CORA have 0 ounces I take it you aren't a fan? (I and would actually disagree with that, I'll bet you could take the gold out of the samples and have a few ounces!) Good RNS here yesterday, positive news from CORA, a good few shares churned today, all in all very pleasing couple of days.
Crikey Tom, fancy getting your months mixed up! You clearly ain’t no Ronnie Pickering
I would also say it was a sell (delayed reporting as obviously you cant trade out of hours) So we've had a couple of big buys and big sells in low 30's, is this ii's actually transferring shares? If Pageant are happy to sell at that price and someone is happy to buy? Unless of course the 1.5m trade in the morning was BT's US broker buying his shares back - I'm sure you posted you were out the other day BT, so are you back in now? I'm confused (dosent take much) Wonder what Ronnie Pickering's take on the matter is?
Looking at the SP performance from March being a slow decline I would say someone definitely knew about the Cobre magnatite situation. Not casting any aspersions on the BOD but all it takes is a large holder to have a contact at something to do with the site, a quick weekly phone call to a Freeport employees for example 'everything going well', 'well actually there dosent seem to be the tonage of magnatite being shipped at the minute' - savvy investing if your a big holder and easily has an effect on a small Mcap company. Should they have told us sooner? Well I would have thought they have been quite savvy in trying to hold the VWAP price and probably not had official notification from the client until recently, but they would have known that the product wasnt moving! LC also going to take a bit longer than I expected, was expecting Q1 19 and hoping for something to be in place Q4 18, but I'm still pretty confident long term for LC, I have a feeling if anyone can get it up and running then we can. Anyway, at least we know why the SP as been weak (IMO) onward and upwards now, perhaps more slowly than I had anticipated.
32,224 went through on NEX at 08:22 (not that he should need to justify it)
From 1903!!! https://trove.nla.gov.au/newspaper/article/4972055
Fsj can put as many facts as he likes on here, but the SP/market is not responding as it should to them Hmmm, could it be that no one bases their investment decisions on bulletin boards after all? Just a theory
A referendum on military action!! Really?? What could possibly go wrong with that?
https://www.platts.com/latest-news/electric-power/moscow/russia-moves-to-ban-all-trade-with-us-nuclear-21792739 'According to the bill, all restrictive measures could be extended to other countries if they join the US sanctions against Russia' Best get building quickly over there in Spain boys!
From Reuters 'The proposed measures suggest Russia should suspend cooperation with the United States on atomic energy, rocket engines and aircraft manufacturing.' 'Russian state nuclear corporation Rosatom is also a major supplier of enriched uranium to the United States. Russia supplies meet around 20 percent of U.S. uranium needs.' https://www.reuters.com/article/us-usa-russia-sanctions-factbox/factbox-russias-list-of-u-s-imports-that-could-be-banned-idUSKBN1HK220
Sorry if my post upset you there Duster, I just get fed up of logging on here and seeing the same people moaning about the same thing time after time (not you) when they have had a reply to their concerns on several occasions. Dilutes the board. In other news we appeared to have bombed Syria And I actually have 2 high horses!
Exacramundo, it's a win, win, win if you own both (hopefully)